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  • Snap has already tumbled 11% on day four

    Snap has already tumbled 11% on day four

    Snap, the parent of Snapchat, had a great first two days on the stock market, only to be followed by two terrible ones. Shares quickly tumbled to beneath $22, a more than 11 percent drop in morning trading. This means that most investors are already losing money on the social media company. Snap opened Thursday at $24 per share. It is still above its $17 IPO price, but that’s… Read More

  • Algoriz lets you build trading algorithms with no coding required

    Algoriz lets you build trading algorithms with no coding required

    Traders who have an idea for a money-making algorithm have two choices: learn to code themselves, or hire a great engineer. But neither of these two options are realistic, especially for part-time traders who don’t have a large bankroll behind them. Meet Algoriz, a startup participating in Y Combinator’s Winter 2017 batch. Read More

  • Fitbit shares tank 29 percent as holiday sales look bleak

    Fitbit shares tank 29 percent as holiday sales look bleak

    Fitbit is going to have a rough holiday season as the company shared a disappointing outlook for the next quarter on yesterday’s earnings call. As a result, Fitbit shares (NYSE:FIT) opened at $9.03, down 29.5 percent compared to yesterday’s closing price of $12.81. So what happened exactly? Fitbit’s earning report yesterday wasn’t great, but it wasn’t too bad either. Read More

  • Bylined crowdsources product photos for brands

    Bylined crowdsources product photos for brands

    A startup from Columbus called BYLINED is aiming to make it a bit easier for brands and people to come together in a win/win situation resulting in more unique photography. Through their free app and photo ecosystem, BYLINED enables brands, agencies or publishers to issue a request for a certain type of photo—an assignment or commission so to speak—that people with smartphones… Read More

  • HP reports better than expected $0.48 EPS and $11.9B revenue in Q3

    HP reports better than expected $0.48 EPS and $11.9B revenue in Q3

    After the close of the bell, technology stalwart Hewlett-Packard announced better than expected numbers in their Q3 earnings report. This comes after a relatively flat week on the public markets for the company. Analysts expected an adjusted EPS of 44 cents on $11.44 billion in revenue. Instead, HP reported an EPS of $0.48 cents and revenue of $11.9 billion. The EPS numbers reported… Read More

  • The Erosion Of “Same Round, Same Price” Crunch Network

    The Erosion Of “Same Round, Same Price”

    It seems most founders believe investors asking for “extras” on the side are simply greedy and short-sighted. While it’s easy to criticize investors, I believe this behavior is driven in large part as a response to conditions founders have created in early stage investing. I believe two trends, when taken together, have eroded the “one round, one price” standard. Read More

  • Going Public Isn’t Selling Out, It’s The Best Way To Stay Alive Crunch Network

    Going Public Isn’t Selling Out, It’s The Best Way To Stay Alive

    When Amazon went public in 1997, its stock opened 62.5 percent above the target price and the company ended its day $54 million richer than it had started it. In the three years or so leading up to the IPO, Jeff Bezos had finally begun to prove that the company had a viable business model, real revenues and a proven approach. Investor confidence was high. But how would things have played out… Read More

  • Etsy Meets Expectations In Q3, Stock Drops 8% After Hours

    Etsy Meets Expectations In Q3, Stock Drops 8% After Hours

    Following trading today, Etsy reported its Q3 financial performance, including revenue of $66 million, and earnings loss per share of $0.06. The Street expected Etsy to lose $0.06 per share, off revenue of around $66.17 million. So that’s a “met expectations.” The company reported 1.5 million active sellers and 22.6 million active buyers. The company was up 3.18 percent… Read More

  • Pay To Play: How Investors Get Burned Fast In A Downturn

    Pay To Play: How Investors Get Burned Fast In A Downturn

    Earlier this year, the law firm Fenwick & West published a report analyzing the financing terms of 37 U.S.-based venture-backed companies that raised money at valuations of $1 billion or more in the 12-month period ending March 31. The report’s headline-grabbing conclusion was that in all cases, the investors had received significant downside protection in case the… Read More